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Bearish Momentum will be a bad thing for BTC
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Bitcoin is currently consolidating at a key level. If price action starts pushing down from here we will have a another big leg down. A break to the upside will justify shorter term dip buying.
Lets not get this wrong. On the bigger time-frames bitcoin is a wait and see.
Lets not get this wrong. On the bigger time-frames bitcoin is a wait and see.
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Momentum now shifted to the downside. A short here might prove to be profitable. Stop above the last wick.
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